The National:

IT'S breathtaking how quickly Liz Truss has become a figure of worldwide derision.

Not all that long ago she was more of a cult hit among UK political satirists - a Mr Bean-type figure not to be taken too seriously.

And while the economic chaos is genuinely terrifying for large swathes of the country, the slapstick manner in which Truss stumbled into Downing Street and sparked market madness akin to the last days of Rome is a satirist's dream.

Going straight for the jugular, The Economist, one of the most prestigious and well-respected financial publications in the world, has skewered Truss and her deputy in disaster Kwasi Kwarteng in devastating fashion.

The magazine’s front cover shows the pair paddling on a sinking dinghy appropriately named “Great Britain”, complete with Union Jack paddle and oblivious smiles.

The image was titled “How not to run a country”.

While The Economist is no stranger to a hard-hitting partisan line, it is shocking for one so merciless to be aimed at the party which has long championed free market economics.

It is worth remembering The Economist’s barb was likely written before Truss’s car crash media round on Wednesday morning where her stuttering, ignorance on key issues and inability to directly answer a question is dominating headlines.

A particular highlight of Truss’s rabbit in the headlights act was when she didn’t even know where she had legalised fracking - amazing considering the practice has been one of her flagship policies.

The off-the-scale ineptitude has shocked even those in her party with letters of no confidence already lodged with the 1922 committee.

With the media, markets and MPs betting against her, it is surely a question of when, and not if, her ship sinks.